Martin Enterprises has a predicted operating income of $100,000. Its total variable expenses are $60,000 and...
Martin Enterprises has a predicted operating income of $100,000. Its total variable expenses are $45,000 and its total fixed expenses have doubled from $23,000 to $46,000. The unit contribution margin for the company's sole product is $15. The number of units that Martin Enterprises needs to sell to achieve the predicted operating income would be 6734. 12,734. 3600. 9734.
10) Matthew's Fish Fry has a monthly target operating income of $200. Variable expenses are 40% of sales and monthly fixed expenses are $1,800. What is the monthly margin of safety in dollars if the business achieve operating income goal? A) $18,000 B) $13.500 C) None of them are correct D) $12,000 11) Martin Enterprises has a predicted operating income of $100 total variable expenses are $50,000 and its total fixed expenses are $20,000. The unit contribution margins for the...
Poplar Mills Incorporated desires an operating income of $67,000. Its variable expenses are $21,000 and its total fixed expenses have increased from $45,000 to $56,000. Its unit contribution margin is $15. Its sales in units to achieve the target profit is O A. 6,800 OB. 733 O C. 9,600. OD. 8,200.
Poplar Mills Incorporated has a predicted operating income of $74,000. Its total variable expenses are $17,000 and its total fixed expenses are $13,500. It has a unit contribution margin of $5. Poplar Mills' breakeven sales in units is 20,900 units. 12,100 units. 2700 units. 14,100 units.
Cedar Mills Incorporated desires an operating income of $72,000. Its variable expenses are $20,000 and its total fixed expenses have increased from $32,000 to $60,000. Its unit contribution margin is $10. Its sales in units to achieve the target profit is A. 15,200. B. 11,200 .C. 1,200. D. 13,200.
Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 76,800 $ 16,200 Per Unit $ 20 14 $ 6 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $34,200? 3-b. Verify your answer by preparing a...
Help S Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $60,000 42,000 18,000 13,200 $ 4,800 Using the degree of operating leverage, the estimated percent increase in net operating income as the result of a 20% increase in sales is closest to: (Round your intermediate calculations to 1 decimal place.) Multiple Choice 5.33% o 1609 75.00% o 250.00% The magnitude of operating leverage for RBG Corporation is 26 when sales are $180,000 and net income is...
7 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 310,000 217,000 93,000 75,000 $ 18,000 Per Unit $20 14 $ 6 25 oints eBook Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $34,200? 3-b. Verify your answer...
Ten Toes produces sport socks. The company has fixed expenses of $85,000 and variable expenses of $1.20 per package. Each package sells for $2.00. The number of packages Ten Toes needed to sell to earn a $26,000 operating income was 138,750 packages. If Ten Toes can decrease its variable costs to $1.10 per package by increasing its fixed costs to $100,000, how many packages will it have to sell to generate $26,000 of operating income? Is this more or less...
Angelina's most recent income statement is given below: Sales (8,000 units) $160,000 Less variable expenses 68,000 Contribution margin 92,000 Less fixed expenses 50,000 Net income $42,000 How many units must be sold to achieve operating income of $60,000? hat is the revenue needed to achieve an after tax income of $35,000, given a tax rate of 30%?